Author: Scott Redler

Baidu.com, Inc. (BIDU) is showing signs of wanting much lower prices as we are seeing our key moving averages turn down on the daily and the stock is seeing rejection at those levels. From our initial suggestion to short this...

US stock futures are down big overnight, following foreign markets to the downside this morning. After last week’s three-day bounce, investors were starting to feel comfortable buying again. But, for the time-being, all...

Foot Locker, Inc. (FL) Great Report Thursday Night –  FBR out this AM saying – target raised to $28 from $24   Newmont Mining Corporation (NEM) Gold miners see glimmers of hope, Barron’s reports...

The S&P had a tough day after running into resistance at the 1348-1352, closing near the lows after some late afternoon selling. On an options expiration Friday, all action must be taken with a grain of salt. At this stage,...

Yesterday the market stalled in front of the 1348-1352 big resistance level in the S&P, and today the market dropped quickly off the open. We are now approaching big support at the 1330-1335 that will need to hold to...

The Gap Inc. (GPS) Horrible Guidance – filled a gap on its daily bottomed out after spitting the 20 level in the post market Gap Cut To Neutral From Overweight By Piper Jaffray The Mosaic Company (MOS) Going Positive in...

Day #1 of an IPO is all about supply and demand, the story surrounding a company, and the support by the underwriters behind the scenes. Valuations are largely an afterthought in highly anticipated IPOs. LinkedIn Corp (LNKD)...

The S&P sold off early but bounced around noon to get back into positive territory. The two-day oversold bounce looked set to continue overnight with a gap up, but investors took profits after a dismal Philly Fed reading....

US stock futures point to a slightly higher open Thursday after a surprisingly swift two-day bounce has taken the S&P back into resistance at its 21-day moving average. The market had been heavy over the last two weeks,...